On the Market: A Washington Park castle

This house at 10 Thurlow Terrace overlooks Washington Park in Albany. And with an asking price of $1.2 million, it ain’t cheap.

Colleague Scott Waldman writes that the so-called castle was built in 1893 by Charles LaDow, an inventor of agricultural machinery. The property, most recently used as a University at Albany office building, is under commercial zoning, which might make it easier to sell. The house, though, has already been on the market for a year.

4 Responses

What a insane asking price. The home at the end of the street sold in 2006 for $1,450,000 and was in far better shape than this one. yes it would make a good club. Which club would this appeal to? Mid-town is not exactly prime real estate now-a-days.

Add the heating costs, absurd tax bill and maintenance costs on a building like this and you’d have to be interested in burning money to want to buy it. Anyone with an economic brain-cell in their head wouldn’t touch this property at this price. But hey, deals like this happen every day in real estate.

I have looked at a lot of houses in my life already but this one stands out by far. It is beautiful in design, architecture and craftmanship. Work and materials like this you don’t even find anymore these days. This house has a quite elegance and beauty (and so much potential!) that it deserves the right buyer who will appreciate it for what it is.
The location is great and the property much bigger than I thought, but it will take a lot of time, patience and money to get it up to the standards one wants to have it.
I congratulate the home owner who will once own it already. Once it will be completed, it will be a gem, worth all the efforts!